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Can a Bar Inventory Management System add 10% to Your Bottom Line?

Mad Mobile

Operators who calculate their cost of sales add 2–10% to their bottom line. Meanwhile, a restaurant’s bar program represents a significant source of total revenue. Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. Take these lessons to heart. Think again!

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8 Reasons Why Restaurant Workers Quit (And How to Retain Them)

7 Shifts

While money isn't everything, it's one of the biggest pain points for restaurant workers right now. According to Jim Taylor, a restaurant coach at BenchmarkSixty , restaurants can afford to pay employees more by looking for efficiencies in their productivity. 8 Reasons Why Restaurant Workers Quit — And How To Prevent It.

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The 11 Habits of Outstanding Restaurants

Embrace the Suck

Sales is a vanity metric. Many of my clients when they first start my coaching program do a big sales number. I’ve had restaurants making $3M in sales and yet only making 2% profit. You’re a pizza shop, a tapas bar, a gastropub. They focus on the wrong things. What are some of the wrong things?

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Table Turnover Rate in Your Restaurant: How to Improve & Seat Incomplete Parties

Lavu

A higher average table turnover rate may mean that more guests can be served right at the table in a given period of time, which can lead to increased sales and revenue. A higher average table turnover rate may mean that more guests can be served right at the table in a given period of time, which can lead to increased sales and revenue.

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MRM People & Places: Cassoulet War, Zagat Stories and AQUAlounge

Modern Restaurant Management

Guests may enjoy a variety of seating arrangements, two bars, as well as private cabanas and daybeds offering bottle service and other five-star experiences. Hunter aims to set the bar for floating day clubs at a time when business and trend forecasters have projected strong potential within the new category.

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How Restaurants Can Remain Competitive in 2021

7 Shifts

From a projected record growth at the top of the year to a decline of nearly $240 billion in sales and 2.5 2020 was a year that the restaurant industry won’t soon forget. million out of work, it was nothing short of devastating. Through it all, we emerge from the year as an industry in evolution—and our restaurants need to evolve with it.

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Touchless Ketchup, Icing on the Frosting and Bobacino

Modern Restaurant Management

In this edition of MRM News Bites, we feature restaurant community support endeavors, new tech and a little holiday fun. Supporting Independents. Ocean Spray Cranberries, Inc. launched the Ocean Spray Farmers for Chefs Alliance with the goal of helping as many qualifying independent restaurants as possible cover rent, utilities, and payroll costs.